The City of San Antonio continues to have excellent general obligation bond ratings and has the highest among the top 10 cities by population. The City has maintained a “AAA” general obligation bond rating from Standard & Poor’s and Moody’s Ratings for 16 years. The City also has a “AA+” general obligation bond rating from Fitch Ratings since 2018. These overall excellent bond ratings mean a low cost of borrowing on the City’s property tax-supported debt, which allows for potentially more funding for many of the City’s capital projects.
The Government Finance Officers Association (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the City Of San Antonio for its Annual Comprehensive Financial Report (ACFR) for the fiscal year-ended September 30, 2024. This was the City's 50th consecutive year it has achieved this prestigious award. To be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized ACRF. This report satisfies both Generally Accepted Accounting Principles (GAAP) and applicable legal requirements. A Certificate of Achievement is valid for a period of one year only. We believe that the fiscal year-ended September 30, 2025, ACFR continues to meet the Certificate of Achievement Program's requirements and have submitted it to the GFOA for certificate consideration.
The National Procurement Institute, Inc. (NPI) awarded the Achievement of Excellence in Procurement (AEP) to the City of San Antonio for 2026. The AEP Award is earned by agencies that demonstrate a commitment to procurement. This was the City's 29th consecutive year it has achieved this recognition. The City of San Antonio is one of 10 agencies in AEP history to have received the award for 29 years or more since the program's inception in 1996. Additionally, San Antonio is among 29 agencies in Texas that were awarded this honor this year.